Zacks Research Equities Analysts Boost Earnings Estimates for Assurant, Inc. (NYSE:AIZ)

Assurant, Inc. (NYSE:AIZFree Report) – Analysts at Zacks Research upped their Q1 2026 earnings per share estimates for Assurant in a report released on Monday, April 1st. Zacks Research analyst T. De now anticipates that the financial services provider will post earnings of $2.96 per share for the quarter, up from their prior estimate of $2.95. The consensus estimate for Assurant’s current full-year earnings is $16.02 per share.

Assurant (NYSE:AIZGet Free Report) last released its quarterly earnings data on Tuesday, February 6th. The financial services provider reported $4.58 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.88. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.78 billion. Assurant had a return on equity of 18.36% and a net margin of 5.77%.

Other equities analysts have also issued research reports about the company. Keefe, Bruyette & Woods downgraded Assurant from an “outperform” rating to a “market perform” rating and lifted their target price for the company from $170.00 to $182.00 in a research report on Monday, February 12th. UBS Group lifted their target price on Assurant from $191.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, February 12th. Finally, Piper Sandler lifted their target price on Assurant from $185.00 to $192.00 and gave the company an “overweight” rating in a research report on Wednesday, January 17th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $189.60.

View Our Latest Report on AIZ

Assurant Stock Performance

NYSE AIZ opened at $186.62 on Wednesday. The stock’s fifty day moving average is $177.14 and its two-hundred day moving average is $165.33. The firm has a market capitalization of $9.70 billion, a P/E ratio of 15.58, a price-to-earnings-growth ratio of 2.29 and a beta of 0.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.41 and a current ratio of 0.41. Assurant has a fifty-two week low of $115.41 and a fifty-two week high of $189.48.

Institutional Investors Weigh In On Assurant

Institutional investors and hedge funds have recently modified their holdings of the company. CWM LLC increased its holdings in Assurant by 6.8% during the 4th quarter. CWM LLC now owns 976 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 62 shares during the period. Great West Life Assurance Co. Can increased its holdings in Assurant by 0.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 20,947 shares of the financial services provider’s stock worth $3,985,000 after purchasing an additional 64 shares during the period. Advisor Partners II LLC increased its holdings in Assurant by 3.5% during the 3rd quarter. Advisor Partners II LLC now owns 2,022 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 69 shares during the period. Arizona State Retirement System increased its holdings in Assurant by 0.5% during the 4th quarter. Arizona State Retirement System now owns 14,573 shares of the financial services provider’s stock worth $2,455,000 after purchasing an additional 73 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in Assurant by 4.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,834 shares of the financial services provider’s stock worth $309,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 92.65% of the company’s stock.

Assurant Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Monday, February 5th were issued a $0.72 dividend. The ex-dividend date was Friday, February 2nd. This represents a $2.88 annualized dividend and a dividend yield of 1.54%. Assurant’s dividend payout ratio is presently 24.04%.

About Assurant

(Get Free Report)

Assurant, Inc, together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific. The company operates through two segments: Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment, and other related services.

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Earnings History and Estimates for Assurant (NYSE:AIZ)

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